Antoine George, the organizer of the International Property and Investments Exhibition (IRIS 2019), said at a press conference in Abu Dhabi today that this year's edition of IRIS 2019 is taking place amid optimism that the real estate market in the country will improve as the countdown begins. The exhibition also follows the amendments to the Abu Dhabi Real Estate Law, as well as the adoption of the permanent residence system «Gold Card» in the UAE.
George said that the time is right to buy property in Abu Dhabi, especially after prices in many areas have witnessed a price correction ranging between 10 and 20%, as well as the interest of many companies to provide facilities and special offers for purchase, in addition to direct discounts on purchase and exemption from service fees and maintenance for Up to 10 years with some projects.
The 11th edition of the International Property and Investment Exhibition (IRIS) will take place in the next two days and will run from 30 October to 1 November 2019 at the Abu Dhabi National Exhibition Center.
The three-day exhibition provides an overview of investment prospects in the international real estate market. More than 300 projects from 50 exhibitors will be showcased at the event, which will feature a wide range of available properties, various investment options, funding sources and legal advice under one roof.